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2 Homework 0 Harold Joseph is a painting contractor who specializes in painting commercial buildings. At the beginning of June, his firm's financial records showed
2 Homework 0 Harold Joseph is a painting contractor who specializes in painting commercial buildings. At the beginning of June, his firm's financial records showed the following assets, liabilities, and owner's equity. Cash Accounts Receivable Office Furniture Auto Accounts Payable Harold Joseph, Capital Revenue Expenses 560,200 15,800 35,880 22,780 10,400 90,780 56,200 23, 680 TRANSACTIONS 1. Performed services for $6,600 on credit. 2. Paid $1,620 in cash for new office chairs. 3. Received $10.400 in cash from credit clients. 4. Paid $800 in cash for telephone service 5. Sento check for $2.900 in partial payment of the amount due creditors. 6. Paid salaries of $8.900 in cash. 7. Sent a check for $1,040 to pay electric bill. 8. Performed services for $9.700 in cash. 9. Paid $2.270 in cash for auto repairs. 10. Performed services for $11.700 on account Enter the above transactions in to the following accounting equations 02 Analyze: What is the amount of total assets after all transactions have been recorded? U 9 e EE Accounting Equation Analyze Enter the above transactions in to the following accounting equations. (Enter decreases to account balances with a mission) abilities H. Joseph Accounts Receivable Office Furniture Payable Beginning Balances + + New Balances + + New Balances + + New Balances RETTET + . + . . . . . . w Balances DOOR + A Accounts Payable Harold Joseph, Capital Revenue Expenses 10,400 9e, zee 56,28 23,600 TRANSACTIONS 1. Performed services for $6.600 on credit. 2. Paid $1.620 in cash for new office chairs 3. Received $10.400 in cash from credit clients 4. Paid $800 in cash for telephone service. 5. Sent a check for $2.900 in partial payment of the amount due creditors. 6. Paid salaries of $8.900 in cash. 7. Sent a check for $1.040 to pay electric bill. 8. Performed services for $9.700 in cash. 9. Paid $2.270 in cash for auto repairs. 10. Performed services for $11.700 on account. Enter the above transactions in to the following accounting equations. Analyze: What is the amount of total assets after all transactions have been recorded? Accounting Equation Analyze What is the amount of total assets after all transactions have been recorded? Total Assets
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